Freeths advised a leading provider of digital transformation services and products to the energy sector on its significant investment

Freeths advised Skewb, a leading provider of consultancy, digital transformation services and products to the energy and water sector, on its significant £6.25m investment from BGF.

The investment will support the continued growth of the business, as it looks to expand its suite of products and consultancy and transformation services, to meet the demands of an expanding customer base.

Skewb has seen significant financial momentum to date, growing revenue almost fourfold over the last three years. Skewb works alongside a large number of UK utilities and engineering partners, and employs 170 people, or ‘Skewbers’ as they’re known, from its headquarters in Warwick.

The business, which was founded in 2018 by husband and wife team Shashi and Indu Seshadri, has built a strong reputation for enabling water and energy companies to tackle key challenges and achieve operational efficiencies.

In the last 18 months, the business has developed proprietary software and services covering several business process areas. These include connections, developer services, water leakage, water demand, net zero, operate and maintain, as well as emergency and repair, which enable customers to outperform targets, comply with obligations, be cost efficient and embrace technology effectively to create an overall better customer experience.